China Wine Market Summary, Competitive Analysis and Forecast to 2028
- Pages: 38
- Published: April 2024
- Report Code: MLOHMF24095
Wine in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– The wine market consists of the sale of still wine, sparkling wine and fortified wine. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
– The Chinese Wine market had total revenues of $28,210.6 million in 2023, representing a negative compound annual growth rate (CAGR) of 7.8% between 2018 and 2023.
– Market consumption volumes declined with a negative CAGR of 12.6% between 2018 and 2023, to reach a total of 906.1 million liters in 2023.
– The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.7% for the five-year period 2023 – 2028, which is expected to drive the market to a value of $33,776.7 million by the end of 2028.
Scope
– Save time carrying out entry-level research by identifying the size, growth, and leading players in the wine market in China
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wine market in China
– Leading company profiles reveal details of key wine market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the China wine market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the China wine market by value in 2023?- What will be the size of the China wine market in 2028?
- What factors are affecting the strength of competition in the China wine market?
- How has the market performed over the last five years?
- Who are the top competitors in China's wine market?
Companies mentioned
Yantai Changyu Pioneer Wine Company Ltd
Dynasty Fine Wine Group Ltd
Tonghua Wine Co Ltd
Table of Contents
List of Tables
List of Figures
Pricing
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